Commercial
Former Marsh VP joins claims firm as complex loss boss
Munters MCS has named Simon Hurst as the UK’s major & complex loss director.
Former Chartis staff join Ace
Ace UK has made two appointments to its Midlands regional management team.
QBE Europe H1 profits increase to $222m
QBE Europe reported a pre-tax insurance profit of $222m (H1 2009: $213M). Its gross written premium for the first half of 2010 was up 8% to US$2.412bn (2009 US$2.228bn).
QBE Europe H1 profits increase to $222m
QBE Europe reported a pre-tax insurance profit of $222m (H1 2009: $213M). Its gross written premium for the first half of 2010 was up 8% to US$2.412bn (2009 US$2.228bn).
Post Magazine - 19 August 2010
The latest issue of Post magazine is now available to subscribers as a digital interactive e-book.
Penny Black's insurance week
One of Penny's colleagues met up with new Garwyn CEO Stewart McCulloch this week, and by all accounts he seems to be warming quite nicely to his new role in the claims space.
Postscript - 50 years ago: Machine does work of 70 clerks
Looking through Post's back catalogue paints a unique picture of more than 150 years of insurance news, as this highlight from 50 years ago reveals.
Interview - Stewart McCulloch: Sticking to his knitting
The new CEO of Garwyn talks to Mairi MacDonald about getting the loss adjuster back on track by sticking to its core strengths while expanding its regional focus.
Allianz boss backs rate increases to fuel return to profit
Allianz Insurance chief executive Andrew Torrance has revealed it could implement rate increases of up to 25% in its broker motor book during 2010.
Brokers worry about client choice as RSA bids for Aviva
Brokers have voiced concern that RSA's £5bn bid for parts of Aviva's general insurance business, including the UK, could ultimately limit client choice and competition.
First RSA, now Axa is linked with Aviva swoop
Aviva's share price has continued to rise today despite its rejection of RSA's £5bn bid amid speculation that others may be interested.
Danish insurer Tryg Vesta recovering from "extraordinary" claims
Danish insurance group Tryg Vesta has reported that the business is back on track after a first quarter "where extraordinary winter claims caused a loss on the insurance business".
First RSA, now Axa is linked with Aviva swoop
Aviva's share price has continued to rise today despite its rejection of RSA's £5bn bid amid speculation that others may be interested.
Danish insurer Tryg Vesta recovering from "extraordinary" claims
Danish insurance group Tryg Vesta has reported that the business is back on track after a first quarter "where extraordinary winter claims caused a loss on the insurance business".
Marsh promotes Waterer to new risk leadership post
Marsh has promoted Richard Waterer to the newly created role of head of operational risk for Marsh Risk Consulting in the UK. He will report to Jeff Colburn, UK MRC Leader.
Marsh promotes Waterer to new risk leadership post
Marsh has promoted Richard Waterer to the newly created role of head of operational risk for Marsh Risk Consulting in the UK. He will report to Jeff Colburn, UK MRC Leader.
RSA still "open" to Aviva talks claiming its £5bn offer is "fair value"
RSA has said it "remains open to discussions" with Aviva, despite the group's rebuttal of its £5bn offer.
NMJ Insurance Brokers strikes again
NMJ Insurance Brokers has announced its second acquisition following the purchase of Ridge Insurance in January 2010.
RSA still "open" to Aviva talks claiming its £5bn offer is "fair value"
RSA has said it "remains open to discussions" with Aviva, despite the group's rebuttal of its £5bn offer.
Omega warns of $35m expected loss
Omega expects to report a loss before tax of approximately $35m for the first half of 2010.
Policyfast beats new agency targets
Online wholesaler Policyfast has opened its 1000th agency beating its target of the end of the year by more than four months.
CBG to restate 2009 half year results due to premium finance issue
Broking group CBG this morning admitted it will have to restate the half year results for the six month period ended 30 June 2009.
RSA shareholders want to hear "convincing arguement" for Aviva GI swoop
RSA is widely reported to have lined up BNP Paribas, Deutsche Bank and HSBC to underwrite a £5bn rights issue to fund its proposed takeover of Aviva's UK, Irish and Canadian general insurance businesses.
Aviva shareholders annoyed by RSA rebuttal as "everything" has a price
Both Standard Life and Royal London Asset Management are reported to be annoyed that Aviva's management rejected RSA's £5bn offer for the business without consulting shareholders.